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let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement ofoods coming to the united states. but il th southern california are is suuh a large consuming ar it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the lo of jobs in sthern california alone. melissa: fred, thankso much for coming on the show. we appreciate it and best of luck to you. i hope this gets relved on. >> thank you very much. melia: so here's t
let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about...
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we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a whole lot of leverage? >> good point. we're always concerned by diversion to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement of goods coming to the united states. but still the southern california area is suuh a large consuming area it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the loss of jobs in southern california alone
we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a...
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how can we make the economy grow, if the economy grows faster, then we don't need to cut as much and we don't need as much revenue. the growth of the economy is in a way the fuzziest of all these things, because you don't know how fast, you can have estimates, you do have, the birth in the hand is you know you can bring in more revenue if you raise taxes on the wealthiest americans. you know you can save money if you cut entitlements. the question is how far do we want to go down the road of solving the problem. some people may say, we don't have to get all the way, as long as we make progress and we show to americans that you guys are in good hands with us, because at least we're going in the right direction, right now we can't even say that. >> right, so really that's what the wild card is, and what's so interesting, is you know, all of these things have a price tag. you raise taxes on the top 2%. you get x billions or 1.trillion of new money. if you cut you get this much. so there's really a laundry list of prices that each side is willing to agree on. do you think they're going t
how can we make the economy grow, if the economy grows faster, then we don't need to cut as much and we don't need as much revenue. the growth of the economy is in a way the fuzziest of all these things, because you don't know how fast, you can have estimates, you do have, the birth in the hand is you know you can bring in more revenue if you raise taxes on the wealthiest americans. you know you can save money if you cut entitlements. the question is how far do we want to go down the road of...
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Dec 4, 2012
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in the end, good thing for the economy to spend less and take in more money. slightly more balanced picture. >> bret: last word. >> not this way and not over a cliff. president is overestimating the strength he has on january 1 if we go over a cliff. the reason he will propose the tax cut for middle class. republicans who control the house under the constitution is in charge of the revenue bill will propose on day one, when the president is sworn in, house sworn in, in january. they should meet in emergency session and pass a bill recinding all the increase in taxes and restoring the bush tax cut for everybody. each has a bill and same argument. i don't imagine the president has upper hand in that. >> bret: next up, president george w. bush on immigration reform. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. >>> immigrants come with new skills and new ideas. they fill a critical
in the end, good thing for the economy to spend less and take in more money. slightly more balanced picture. >> bret: last word. >> not this way and not over a cliff. president is overestimating the strength he has on january 1 if we go over a cliff. the reason he will propose the tax cut for middle class. republicans who control the house under the constitution is in charge of the revenue bill will propose on day one, when the president is sworn in, house sworn in, in january. they...
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Dec 10, 2012
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republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's astonishing this president thinks given how weak the economy is that you can go out just impose new taxes, whatever that may come. if he's wrong and it has an effect, it's going to be hard to dig out of that. >> juan, 23 days and counting until we go over the cliff. do you see, and you heard senators corker and schumer, any sign that we're getting closer to a deal and it sure seems, listening to senator corker, like republicans are caving on the top tax rates. >> you were listening carefully. >> chris: it didn't take that much careful listening. >> that's right. that's a sign. republicans don't have leverage. you look at the polls, it's not one or two polls, it's overwhelming, the american people would blame the g.o.p. the second thing to say is you look at people like corker, but beyond cor
republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's astonishing this president thinks given how weak the economy is that you can go out just impose new taxes, whatever that may come. if he's wrong and it has an effect, it's going to be hard to dig out of that. >>...
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. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these nego
. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a...
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Dec 4, 2012
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. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these nego
. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a...
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Dec 7, 2012
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of the economy. businesses who hire people who create jobs which nancy pelosi is looking for are looking for political will out of washington. they are looking for certainty on the fiscal cliff. certainty that debt reduction, there will be debt reduction, that entitlements will be brought under control. looking for certainty on taxe taxes. until this happens, there isn't going to be that certainly. i have to say that the republicans showed the political will. they stood up, to the conservative base. they put the re-knews on the table. what troubles me -- now that the ball is in the white house court, right? what troubles me is lack of political will on the white house, we haven't seen yet. particularly on spending and entitlement reform. voices in the deckic party saying that this was a mandate to walk away from debt reduction. that is troubling. >> charles lane do you see anything out there to give the business confidence to hire people again? >> well, there is just, i agree with nina. too many unkn
of the economy. businesses who hire people who create jobs which nancy pelosi is looking for are looking for political will out of washington. they are looking for certainty on the fiscal cliff. certainty that debt reduction, there will be debt reduction, that entitlements will be brought under control. looking for certainty on taxe taxes. until this happens, there isn't going to be that certainly. i have to say that the republicans showed the political will. they stood up, to the conservative...
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find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to it as terrorists and paedophiles. and israel seriously rebuff the un calls to reveal the truth about its nuclear program fusing to acknowledge it has atomic weapons all provide proof it doesn't. it's three pm here in moscow you love with us on our t. get she have you with us this afternoon opposition groups in egypt have issued a set of demands to the country's president mohamed morsi aimed at scrapping his latest political drives this fall as a few stand off outside the presidential palace in cairo which reportedly falls a gyptian leader to feed the building locally based on reports has more.
find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to...
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but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in t
but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans...
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hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on infrastructure projects including road rail and cheap expansion that's what he's doing isn't it creating growth that yes i thought that was welcome but five billion it's pretty small bear i'm afraid the government. has not really come out with i would say the growth strategy that's that's needed and i think that the institute for fiscal studies has estimated that that five billion will increase. maybe buy point two percent say yeah so this states one person's already suffered a double dip recession i'm afraid much more is required to get the kind
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on...
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economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we were a. bit of course going to really not be what millions of families all across the again one theory because this is when you get anything. now to speak tell us more about this haunting statement and the challenge that today i'm joined by a labor m.p. and the public so they public health minister thank you for joining us the british economy is slowly healing according to chancellor george osborne what was your reaction well i thought that was a very silly statement the truth is every prophecy every target. he has he has not met his targets he's not going to deal with the deficit. growth on gr
economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we...
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. coming up in a few minutes and spittles cross-talk discussing this statehood aspirations of the kurds in syria turkey iraq. if. it's fifty feet it's a shift. to meet. folks. wealthy british style aside it's a spot on the telephone. markets why not come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in to kaiser report on our. russia would be so much brighter if you knew more about song from funniest impression it's so. nice clean stocked totty dot com. and you can. start. to. flow in welcome across time peter lavelle the kurds would seem like a fantasy only two years ago could become a reality very soon with a strong sense of identity and spread across the middle east the kurds are making gains towards the goal of creating their own state well the arabs fight among themselves for the kurds winning. each started. to cross not the kurdish issue i'm joined by my guests in washington edward jo
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. coming up in a few minutes and spittles cross-talk discussing this statehood aspirations of the kurds in syria turkey iraq. if. it's fifty feet it's a shift. to meet. folks. wealthy british style aside it's a spot on the telephone. markets why not come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune in...
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now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now very importantly one of the crucial bits of that statement is that we've seen the government have missed that debt reduction target that they set themselves and we're now facing and also there is the program that's been extended left going to take us away to twenty eight hundred so incredibly bad knees certainly the chancellor trying to paint it as a sort of economic situation that said to continue looking pretty bleak but importantly he was trying to couch it in terms that he was say hey look it's despite our policies and not because of our policies and of course that's something that many of the
now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now...
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Dec 6, 2012
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the economy is going to be a disaster. it's only going to get worse under obama. republicans are totally over the barrel because all tax cuts, bush tax cuts expire unless they agree to what is being portrayed as tax cuts for the rich. >> sean: boom. >> of course, let me finish the three points. it's not the rich. it's people who are currently engaged in making money or tax breaks as they say. for the rich i'd be more in favor of tax hikes on the rich. that's warren buffett and john kerry and diane feinstein. this is a tax on people desperately trying to become rich but the truly wish don't want them to. finally, the most important point is in two years we've got to take back the senate. >> sean: i don't want to talk about the election. >> the republicans need to concentrate on making sure this economy gets blamed on obama. there are things they can do like propose tax cuts or rather tax hikes for the truly rich, ie, warren buffett. no more state and low tax deductions. cut out that hollywood foin accounting. let's go after the 1% of the 1%. forget the 1% of income
the economy is going to be a disaster. it's only going to get worse under obama. republicans are totally over the barrel because all tax cuts, bush tax cuts expire unless they agree to what is being portrayed as tax cuts for the rich. >> sean: boom. >> of course, let me finish the three points. it's not the rich. it's people who are currently engaged in making money or tax breaks as they say. for the rich i'd be more in favor of tax hikes on the rich. that's warren buffett and john...
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and listens capital account is up next. well. science technology innovation all the list i'm elements from around russia we've got the future are covered. download the official up location to cell phones choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch on t.v. all you need is your mobile device to watch r.t. any time of the. wealthy british style stock. market why not scandal if find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into kinds a report. if . russia would be soon which brightened if you knew about someone from funniest impressions. nice clean stock totty dot com. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday december fourth two thousand and twelve the g.o.p. has made a counteroffer to the white house on the fiscal cliff and the endless conversation conti
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. and listens capital account is up next. well. science technology innovation all the list i'm elements from around russia we've got the future are covered. download the official up location to cell phones choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch on t.v. all you need is your mobile device to watch r.t. any time of the. wealthy...
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economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they hadn't been talking for some type. mayor villaraigosa coming in from overseas trip last night, 10:30, 11:00 pacific time, went straight to negotiations not far from here. he's been there all night long on their backs and he's doing a press conference in 25 minutes or so. that probably means there is a deal at hand. >> a billion dollars a day, i hope they're bringing out all of the stops at this point. if you're out there, check one of those carriers and see if perhaps my ninjago is there for my kid. it's going to drive me crazy. >> re
economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they...
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economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich
economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to...
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find out what's really happening to the global economy with mike skies or for a no holds barred look at the global financial headlines tune into kinds a report on r g. quick. jeffrey the jolly champ was created in the fifty's and mass produced i think it came out of hand and it was on the phone battery powered. toy that when you turn it on he clapped cymbals together all crazy crutch this year i'm in a funny movie and i decided i wanted to make the most annoying thing i could think of it represents me so many ways. that's annoying. as far as i am concerned i'm richest person i know i just don't have any money but i didn't want the most beautiful places i've ever seen i'm with the people who love me the most and i get to. do this art form that i've come up i've started doing in the last four years and it's just opened my eyes to so many different things and it was all inspired by burning man and it was just a coincidence because i was making costumes for myself and i had decided to make myself a coat and as i was finishing it the first person that came over to visit me said what is th
find out what's really happening to the global economy with mike skies or for a no holds barred look at the global financial headlines tune into kinds a report on r g. quick. jeffrey the jolly champ was created in the fifty's and mass produced i think it came out of hand and it was on the phone battery powered. toy that when you turn it on he clapped cymbals together all crazy crutch this year i'm in a funny movie and i decided i wanted to make the most annoying thing i could think of it...
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it would actually help our economy to grow and it would reduce the burden on the british taxpayer. brief look at other news from around the globe now the death toll from time food which is currently battering the philippines has climbed to over one hundred turns up thousands have have fled their homes as the elements rolled across southern and central areas into entire province as rescue teams are working in areas but it's fears the number of casualties will rise even more the storm is expected to move into the south china sea on state. one person is reported to have been killed and twenty wounded during violence amid a journo strike across that police used tear gas and reportedly fired live rounds at the outraged crowds about fifty protesters are believed to have been arrested the demonstrations were organized by an opposition islamic policy which is demanding the acquittal of its leaders for alleged. tens of thousands of people have been out to celebrate the king's birthday in thailand today though it's king rama the nine it's the monarch who turned eighty five is greatly of reve
it would actually help our economy to grow and it would reduce the burden on the british taxpayer. brief look at other news from around the globe now the death toll from time food which is currently battering the philippines has climbed to over one hundred turns up thousands have have fled their homes as the elements rolled across southern and central areas into entire province as rescue teams are working in areas but it's fears the number of casualties will rise even more the storm is expected...
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that will hurt but the economy will roar back. maybe, just maybe, zombies for obama will realize he has no clue when it comes to the economy. or we don't double dip to the recession. and the debt dissolves to pay the way for the 2016 conservatives. take your chance and take medicine now. over the long run, better for >> kimberly: call his bluff. be strong at the negotiating table to make sure you can do what is best in interest of the country. these are tough time and you have to stand your ground. if you look at the recent polling, obama dropped three points. in polling with the gallup poll. people aren't happy with him anyway. >> eric: there is a counterproposal, around $800 billion in revenue through tax reform. they go through spending cuts. none of the spending cuts in obama's plan. are we so far apart we will go up or is there a meeting ground? 'canes is smart of the republicans. last week, geithner to the treasury secretary and laughed at. across the board, left and right commentators said i think president obama is overpla
that will hurt but the economy will roar back. maybe, just maybe, zombies for obama will realize he has no clue when it comes to the economy. or we don't double dip to the recession. and the debt dissolves to pay the way for the 2016 conservatives. take your chance and take medicine now. over the long run, better for >> kimberly: call his bluff. be strong at the negotiating table to make sure you can do what is best in interest of the country. these are tough time and you have to stand...
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economy added 146,000 jobs in november above what the analysts predicted. well above. and gerri, where do we see the biggest gain? >>gerri: in retail. no surprise for holiday season. we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation rate, look at this ugly chart the it is declining. we have the rate drop again in large part because the labor force fell by 350,000. we are watching that carefully because you want to see people work. and try to get jobs. it is critical. >>shepard: what impact did super storm sandy? >>gerri: not so much. however, there were a million people that were working part time rather than full time and that is ascribed to hurricane sandy. normally you do not expect that. >>shepard: the matters went, so what. >>gerri: well, they saw that the 350,000 number and they thought they didn't like that and the market pulled back a little. we have had back-and-forth situation on that, starting off 74 up on the dow and now we are down. >>shepard: better than negative. >>gerri: better than negat
economy added 146,000 jobs in november above what the analysts predicted. well above. and gerri, where do we see the biggest gain? >>gerri: in retail. no surprise for holiday season. we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation rate, look at this ugly chart the it is declining. we have the rate drop again in large part because the labor force fell by 350,000. we are watching that carefully because you want to see...
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a economy goes over the fiscal cliff. economists surveyed said one and a half million americans could lose their jobs if lawmakers fail to come to an agreement and the automatic spending cut impact increases. forces are keeping an eye on some debts for a budget bill. the nasdaq gained due to a rebound by apple. the number was triggered by reports that it would lose shares to its rival google. apple is trying to regain market share from samsung. the to tech companies are back in court today to get it out over a $1 billion patent fight. meantime nationwide insurance is warning customers that its computers networked had been attacked. customers' names birth dates social skirted numbers and driver's license numbers were likely stolen. nationwide is apologizing and are offering customers an identity that protection for one year. start planning did vacations, walt disney new fantasyland is officially open. this is after what may be the biggest expansion in the orlando parts 41 year history. the estimated $300 million magic king
a economy goes over the fiscal cliff. economists surveyed said one and a half million americans could lose their jobs if lawmakers fail to come to an agreement and the automatic spending cut impact increases. forces are keeping an eye on some debts for a budget bill. the nasdaq gained due to a rebound by apple. the number was triggered by reports that it would lose shares to its rival google. apple is trying to regain market share from samsung. the to tech companies are back in court today to...
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we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an early marker. >> i will not play that game, because we have got to break that habit before it starts. >> reporter: speaker boehner's visit today with the president was only the second time since the election the two have meat face to face. pu publicly each have been waiting for the other to blinging m. >> to say they're go along with that and then we'll start negotiating on the other side. it makes no sense for us to negotiate against ourselves. >> reporter: as the cliff looms, one influential voice says enough is enough. >> that's like betting your country. that's
we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an...
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Dec 10, 2012
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do you need the economy to be in free fall to get these guys to take some action? unfortunately given the past record, that can't be ruled out. >> yeah. when it comes to cuts, especially on medicare, that whole conversation has to be had. here's what dick durbin said on "meet the press." >> i do believe there should be means testing. those of us with higher income and retirement should pay more. that could be part of the solution. but when you talk about raising the medicare eligibility age there's one key question. what happens to that early retiree. ? what about that gap in coverage between their workplace and medicare? >> jackie, are democrats getting away with giving way less on this deal? >> i don't think we know yet. i think there's going to be -- there's going to be a lot of arguments within the democratic party about some of the entitlement reforps. i don't think we've seen that yet because we've been so wrapped up in the tax cut part of it. yeah. we haven't gotten there yet. it's no doubt that's going to be a matter of contention in the democratic party as
do you need the economy to be in free fall to get these guys to take some action? unfortunately given the past record, that can't be ruled out. >> yeah. when it comes to cuts, especially on medicare, that whole conversation has to be had. here's what dick durbin said on "meet the press." >> i do believe there should be means testing. those of us with higher income and retirement should pay more. that could be part of the solution. but when you talk about raising the...
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Dec 8, 2012
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that way congress couldn't blow up the world economy for no good reason. it's taking the sharp knife covered in explosives away from a kid who has a lot of temper tantrums. it seems like a good thing to do. the white house calls it the mcconnell plan because it's based on an idea that mitch mcconnell proposed become in july 2011. but even though it is mitch mcconnell's idea, even though he came up with it, mitch mcconnell is not for it. mitch mcconnell at this point does not support the mcconnell plan at all. he didn't think democrats did either. and yesterday he wanted to call their bluff. now that is when c-span2 suddenly became amazing television. yesterday afternoon mitch mcconnell asked the senate to move to an immediate vote on the mcconnell plan. vote on it now. he figured harry reid would back down. prove that even democrats don't like this idea. but reid did not back down. he doubled down. he said, yeah, let's vote on the plan. but let's move to an immediate up or down vote. no filibuster, no 60-vote requirement, let's see if it gets 51. if so, it
that way congress couldn't blow up the world economy for no good reason. it's taking the sharp knife covered in explosives away from a kid who has a lot of temper tantrums. it seems like a good thing to do. the white house calls it the mcconnell plan because it's based on an idea that mitch mcconnell proposed become in july 2011. but even though it is mitch mcconnell's idea, even though he came up with it, mitch mcconnell is not for it. mitch mcconnell at this point does not support the...
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Dec 8, 2012
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from 19.5% of the overall economy to 20.6%. by bump. ing along with 18%, we have built the national debt that dominates the political discussion and it's going to get worse if we stay there. the future debt we're talking and worrying about is driven by two things. health care and old people. the coming years are going to have more of both. today the elderly make up 13% of the population. by 2050, they are expected to be 20%. that means you'll need to spend a lot more on social security and medicare. and we hope will keep happening and that will push the cost higher. the future turns out to be expensive. that's simply the reality of it. and opposing tax increases doesn't change that reality. there's nothing in grover norquist's pledge that stops the ageing process. so there's no way the tax receipts of the 1960s will support the demographics of america in the 2030s. anyone who says otherwise is not taking the reality seriously. joining us is a man who always takes reality seriously. chris hayes. so one thing i always think is true in our
from 19.5% of the overall economy to 20.6%. by bump. ing along with 18%, we have built the national debt that dominates the political discussion and it's going to get worse if we stay there. the future debt we're talking and worrying about is driven by two things. health care and old people. the coming years are going to have more of both. today the elderly make up 13% of the population. by 2050, they are expected to be 20%. that means you'll need to spend a lot more on social security and...
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it's why we have to get our economy back on track. i think that's what the election was about that president obama just won the american public feels we are moving in the right direction i think we are as well. >> laura: nancy and nile thanks so much. apparent suicide of the nurse at the center of the kate middleton radio prank and george zimmerman's lawsuit against nbc. geraldo up next. >> very disturbing story developing tonight involving the royal family and radio show hoax that took a terrible turn. the nurse duped into transferring a prank phone call has been found dead an apparent suicide. her body was found just yards away from the hospital where she worked. two days ago she received this call from australian radio pranksters pretending to be the queen. >> laura: joining me from new york is fox news host geraldo rivera who himself is a radio star. okay, geraldo. this is so heart-breaking and so sad. this thing that is so -- brings such great news to britain's new baby coming for the prince and princess and now this. where does
it's why we have to get our economy back on track. i think that's what the election was about that president obama just won the american public feels we are moving in the right direction i think we are as well. >> laura: nancy and nile thanks so much. apparent suicide of the nurse at the center of the kate middleton radio prank and george zimmerman's lawsuit against nbc. geraldo up next. >> very disturbing story developing tonight involving the royal family and radio show hoax that...
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on record since 1939, according to the labor department. 146,000 jobs added to the economy last month and the unemployment rate fell to a four-year low of 7.7%, partly because thousands of people have just stopped looking for work. >>> at number four, president obama asking congress for $60.4 billion in emergency aid for superstorm sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in that case. it remains unsolved. >>> secret service agents at risk all because one man lost some sensitive computer information. the shocking mistake was kept largely secret until now. cnn's brian todd has the details. >> reporter: law enforcement and congressional sources tell
on record since 1939, according to the labor department. 146,000 jobs added to the economy last month and the unemployment rate fell to a four-year low of 7.7%, partly because thousands of people have just stopped looking for work. >>> at number four, president obama asking congress for $60.4 billion in emergency aid for superstorm sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states....
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Dec 8, 2012
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>> the concern people have -- the world economy is in a very fragile state right now. i don't have to say what the problems are in the euro zone. but, actually, in the global economy as a whole, there's a lack of confidence and a worry about where it's going. if you're in america disturb by the way, people with a lot of confidence. if you can sort out this issue, even though that doesn't sort ou all of the problems of the american economy, it would be a big boost, i think. it would give people a big sense of confidence. that the decisions were being taken and i think it would be good for you and good for us. i hope you do it. i believe you will. i believe right u no there's very tough obligations. but, you know, the president is being reelected. and i think that gives the situation its own special momentum. and i hope you resolve it and then we're going to have to take some tough decisions over our way, too. >> i hope we resolve it, as well. there was a cute video of hillary clinton here in washington over the weekend. and it had a clip from you in there. play that lit
>> the concern people have -- the world economy is in a very fragile state right now. i don't have to say what the problems are in the euro zone. but, actually, in the global economy as a whole, there's a lack of confidence and a worry about where it's going. if you're in america disturb by the way, people with a lot of confidence. if you can sort out this issue, even though that doesn't sort ou all of the problems of the american economy, it would be a big boost, i think. it would give...
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the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do willingly, make dramatic changes in taxes and spending. if those changes happen automatically, the cbo estimates it would have a positive long-term impact. by comparison, it says current law is kept in place, output and income would be lower down the road. so here is another way to look at it. fast forward to budget projections. keeping tax cuts in place, extending most tax provisions and putting off spending cuts would put revenue in 2020 at 4dz.2 trillion. spending at $5.3 trillion. the national debt is projected to be near $20 trillion by then. $3
the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do...
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Dec 7, 2012
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won people drop out of the labor force they slow the economy. their productivity is gone, their contributions are no longer there, so this is a different situation we're facing today than we faced i really think since the end of the world war ii. >> brown: before the implication of the fiscal cliff,xplain it because different states have different impact. >> under normal economic times this say program that is governed by state law and administered by the state. and states pay up to 26 weeks of benefits, six months for people who lost jobs through no fault of their own. but if bad economic times historically congress has authorized additional levels of benefits. this time it is a program called the emergency unemployment compensation system. and there are four different tiers depending on how bad your state unemployment rate is every state gets 14 weeks. nine states get up to 47 a decisional weeks. and the rest are in betweenment but you have to be over 9% to get that additional 47 weeks. >> brown: so it is this program that is now caught up in
won people drop out of the labor force they slow the economy. their productivity is gone, their contributions are no longer there, so this is a different situation we're facing today than we faced i really think since the end of the world war ii. >> brown: before the implication of the fiscal cliff,xplain it because different states have different impact. >> under normal economic times this say program that is governed by state law and administered by the state. and states pay up to...
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find out what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune into cars a report on our. it's just stolen gold. no no no no no because we're going to look at the experience before serious words on the card guard. the model for service or and so forth the force monster should. be the foremost. bloodlust. they are all here to make it possible to be. a chimp on the fly and on our show. me it is easy to. be a little too nice. to. see. it all sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm charged welcome to the big picture. playing. live. as in most of the mines in segovia have passed into the hands of citizens who established small companies and of exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. tr
find out what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune into cars a report on our. it's just stolen gold. no no no no no because we're going to look at the experience before serious words on the card guard. the model for service or and so forth the force monster should. be the foremost. bloodlust. they are all here to make it possible to be. a chimp on the fly and on our show. me it is easy to. be a little too...
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Dec 7, 2012
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and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that
and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on...
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Dec 9, 2012
12/12
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WBFF
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> chris: the bloody civil war in syria took an even more ominous turn, this week. with the report from the assad regime, is prepared and might use chemical weapons against rebel forces. joining us now is michael oren. israel's ambassador to the u.s. ambassador,lcome back to fox news sunday. >> great to be here. >> chris: there is a report in "the sunday times of london", israel has spotters on the ground inside syria. what is your latest intelligence about assad preparing, possibly getting ready to use chemical weapons? is she still mixing the sarin gas? or have the warnings from secretary of state clinton and the president scared him off. >> we have been watching it many months now and it's not new to us. syria has a
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> chris: the bloody civil war in syria took an even more ominous turn, this week. with the report from the assad regime, is prepared and might use...